OFF MARKET

1 Gay Street
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 238m2
Land area: 614m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1 Gay St, Lorne

1 Gay St, Lorne is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 614m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1963
Floor Size
238m2
Land Size
614m2
Local Government
Surf Coast
Lot/Plan
4/LP19813

Last Listing description (March 2015)

SEASIDE STYLE WITH SENSATIONAL OCEAN VISTA
Newly renovated 4 bedroom, 2.5 bathroom family home with sensational 180 degree views over Lorne's Louttit Bay to Aireys Inlet.
On the second storey of this home is a luxurious, contemporary living with large light filled open plan kitchen/living/dining area. Bi-fold doors open out from the living/dining area to a large deck which is perfect for entertaining, overlooking Lorne and ocean views.

A large picture window provides ocean views from the spacious parents retreat which features private balcony, ensuite and large walk-in robe.
This property is ideally positioned only a short stroll to Lornes shopping precinct, beaches and Otway national park.
Low maintenance, established gardens.
Single car lock up garage.
Additional feature/s - bath.

Property History for 1 Gay St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,300,000
17 Dec 2016
  • 17 Dec 2016
    Sold for $1,300,000
  • 25 Nov 2013
    Listed for Sale FOR SALE $1,150,000
  • 10 Apr 2011
    Listed for Sale 1195000
Sign in to see more transactions

Commute Calculator

About Lorne 3232

The size of Lorne is approximately 104.7 square kilometres. It has 13 parks covering nearly 110.1% of total area. The population of Lorne in 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation. In 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.

Lorne has 2,660 properties. Over the last 5 years, Houses in Lorne have seen a 81.55% increase in median value, while Units have seen a 23.08% increase. As at 31 October 2024:

  • The median value for Houses in Lorne is $1,962,636 while the median value for Units is $947,506.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

Market Insights
Lorne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lorne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.